Palo Alto, CA – According to filings with the U.S. Securities and Exchange Commission, Tellus App is raising $27,595,217.00 in new funding. Sources indicate as part of senior management Co-Founder, Tiancheng Zhu played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Tellus App
Tellus is a financial technology platform on a mission to help users build wealth through our line of passive income products. We offer a variety of high-yield cash accounts that pay up to 21x more interest than a traditional savings account all while keeping you completely out of the stock or crypto markets. Deposit any amount and start immediately with 3.40%-4.50% APY compounded daily. We partner with industry leaders like Plaid, Stripe, JP Morgan Chase and use bank-level AES 256 encryption to protect your money and provide peace of mind. With us, you’re liquid. So you can move your money to and from your bank account whenever you choose without fearing fees. Since its founding in 2016 by two Stanford and Berkley grads, Tellus has remained true to its mission of envisioning a world where wealth creation through real estate is available to everyone. With recent funding from leading venture capitalist firm Andreessen Horowitz, we look forward to continuing to forge together an enriching journey of asset and wealth management for the world.

To learn more about Tellus App, visit http://www.tellusapp.com/

Contact:
Tiancheng Zhu, Co-Founder
650-590-9770
https://www.linkedin.com/in/mrtzhu/

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